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Hector Sants to step down from FSA

9 Feb 2010 10:21 am | By Helen Pow

Hector Sants is set to leave the FSA in the summer, after three years as chief executive.

Bolton China fund set to raise £630m

9 Feb 2010 1:37 pm | By Chris Salih

Fidelity plans an initial capital raising of £630m for Anthony Bolton’s China special situations investment trust.

Sir Malcolm Williamson appointed as Friends Provident chair

9 Feb 2010 2:58 pm | By Helen Pow

Williamson replaces Sir Mervyn Pedelty who died at the end of last month.

Barclays chief warns against excessive capital requirements

9 Feb 2010 11:57 am | By Nicole Blackmore

John Varley warns MPs against overly onerous capital requirements and regulation.

Tenet sees profits slashed

9 Feb 2010 11:22 am | By Chris Salih

Tenet Group has seen its pre-tax profits slashed to £1m in the 12 months to September 30, 2009.

Ex-Thinc advisers launch IFA network

9 Feb 2010 10:13 am | By Lee Jones

Former Thinc advisers launch IFA network with a flat fee and no contractual ties.

Bonuses hurting pension funds, says Myners

9 Feb 2010 8:47 am | By Lee Jones

City minister will tell the NAPF to do more to crack down on bonus culture.

Dow drops as eurozone crisis continues

9 Feb 2010 8:37 am | By Lee Jones

Dow, Nikkei down as speculators turn against Euro.

MPs slam Treasury secrecy over £18bn to cover BofE loans

9 Feb 2010 8:10 am | By Nicole Blackmore

Public accounts committee says Chancellor’s failure to notify Parliament was of “significant constitutional importance”.

Meteor confirms acquisition of NDF/DRL books

8 Feb 2010 5:10 pm | By Hannah Stodell

Meteor deal to acquire structured product providers NDF/DRL confirmed.

Euro directive could cause “systemic failure”, says BoE committee

8 Feb 2010 2:46 pm | By Hannah Smith

Committee warns Alternative Investment Fund Management directive is unworkable in its present form.

Aviva pulls out of offshore bonds

8 Feb 2010 2:05 pm | By Hannah Stodell

Aviva Life International closes offshore bonds to new business following fall in demand from the UK market.

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Opinion

Sants flees an uncertain future

9 Feb 2010 | By Paul McMillan

Resignation of the FSA chief executive adds to the uncertainties facing the industry in the run-up to the election.

Gilt edgy

8 Feb 2010

Claims that UK Government bonds are ’on a bed of nitroglycerine’ may be overblown but the market has certainly lost its lustre.

Olympic claim

8 Feb 2010

Alan Lakey warns of the Olympic-style costs of the RDR.

Advice is back in fashion

5 Feb 2010

“With cheap SVRs under threat, a huge potential remortgage opportunity is starting to emerge. But to be fair, it has been there a while only many consumers have not realised it.”

MM Leader: Advisers need clear direction on wraps

5 Feb 2010

The FSA appears to have woken up to the pivotal role that platforms will play in the retail distribution review and the clarity needed over their position.

Positive about protection

4 Feb 2010 | By Paul McMillan

The next Government should be focused on reform to build on the great work being carried out by advisers.

Riding the wrap

4 Feb 2010

Nic Cicutti says wraps may be the final battleground in which up-front commission is likely to play a major role.

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